Business Credit

So you have your registered LLC, EIN, Dunn's number, and Business bank account, what's next?

Establishing your business credit.

If you need info on what are and how to get a registered LLC, EIN, and Dunn's number, I suggest you contact us with a request to learn about them.

Establishing your business credit can be a power boost to supply your spending need and gateway to obtaining cash for your business, and all in six months. Just follow these simple steps in order.

Obtain a minimum of 3 tradelines.

When applying for tradelines, make the minimum purchase you can of something that you can use. The first two I have below will give you a 1st stage credit of $2000 after your first order. Apply for a Net-30 account where you will be able to place orders and pay for them in 30 days. NOTE: Never use your personal SSN, and place a non-subscription order on one item and pay for it immediately. Once you have an email confirmation that your Net-30 account is available, order the antivirus monthly subscription on your Net-30 account, BUT DON'T PAY for it immediately. Those two companies report your debt on the 31st of each month. Once it's reported pay your debt off. The reason for purchasing the subscription is not only because it's $10 a month and good to have, each month it's billed and paid your tradeline credit goes up $500.

My suggestions are all basically free with the first initial purchase:

1. Summa Office Supplies

2. Strategic Network Solutions

3. Uline

Obtain a business loan

1. Details to come

Obtain a business credit card

1. Details to come

#business #credit #finance